More and more crypto experts are claiming that the bullish era that has been embracing the crypto market since 2018 might be coming close to its end.
No more reaction to bad news
The main reason to support the claim is that the markets have stopped reacting adversely to negative news.
For instance, XRPNewsOnline addressed the fact that the much-awaited BTC ETF might not be happening anytime soon, but in the past when such news broke, it used to be met to massive selloffs.
Now, after the news broke, the market did not seem to move a lot after this news. This co9uld very well be an indicator that the weak parties are out of the market and we finally see a more mature market ahead.
More than that, negative predictions don’t seem to be affecting the crypto market either these days, and this used to happen back in 2018.
A coin that is reportedly set to outperform the market in the given conditions in Cardano (ADA).
The team has some really great news prepared that could lead to a surge in ADA’s price.
For instance, there’s the Shelley release which is expected to take place in Q1 2019, and it will put Cardano on the path of decentralization.
Basically, decentralization could be the main catalyst that triggers bulls for ADA.
This will trigger demand as people move to stake ADA. “Staking is an important aspect to Cardano (ADA) and in a bull market, could easily see this crypto hit new highs,” according to XRPNewsOnline.
More than that, a decentralized ADA could trigger more exchanges to list the coin, and this means enhanced adoption.
For example, Coinbase revealed in 2018 that ADA is one of the coins that they’re thinking to list next.
Considering all of the 2018 achievements that Cardano made, it’s pretty safe to say that 2019 will also be a successful year for ADA.